LUKOIL and Rosneft are involved in a major oil tender in Mexico.»

© RIA Novosti / Ilya Petliurite in photobacteria oil company LUKOIL. Archival photoLUKOIL and Rosneft are involved in a major oil tender in Mexico.»© RIA Novosti / Ilya Petliurite the image Bank

The first tender of the second round sale of the rights to develop oil fields will be held on Monday in Mexico with the participation of two Russian companies LUKOIL and Rosneft, according to the national Commission on hydrocarbons of the Latin American countries.

A subsidiary company of LUKOIL — LUKOIL International Upstream Holding will participate in the tender individually and as part of a consortium with Italian ENI. If «LUKOIL» already have experience of participation in similar tenders in Mexico, the «daughter» of «Rosneft» company LLC RN-Shelf of the South participates in the tender for the first time.

«LUKOIL» and «Rosneft» will compete in the composition of the 26 applicants from 15 countries for the right to develop 15 oil blocks in the shallow waters of the Gulf of Mexico, located in petroleum provinces Tampico-Misantla, Veracruz and within cuencas del-Sureste.

Among other participants are the well — known global players of the oil market, as Chevron, ConocoPhillips, Pemex, Repsol, Shell, Total.

Assessment the Mexican side, put out to tender units have a pre-assessment of prospective reserves of almost 1.6 billion barrels of oil equivalent.


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